National Business

OTTAWA — The Bank of Canada kept its key interest rate on hold at 1.

MONTREAL — SNC-Lavalin Inc. has recruited a former Bombardier executive who oversaw key asset sales to oversee the engineering and construction firm's strategic transformation.

Higher prescription drug sales and lower legal costs drove Johnson & Johnson's fourth-quarter profit 32% higher. The world's biggest maker of health care products on Wednesday reported net income of $4.01 billion, or $1.50 per share.

DETROIT — Michigan has cleared the way for Tesla to sell more electric vehicles in the state and get them serviced under a deal filed Wednesday that settles a lawsuit by the automaker.

MONTREAL — Canada's two biggest airlines pushed back the return of the beleaguered 737 Max after airplane maker Boeing Co. said it did not expect regulators to green-light the jet for takeoff until the middle of the year.

WASHINGTON — U.S. home sales climbed 3.6% in December, but a record-low inventory of houses on the market has caused prices to surge as affordability is worsening.

OTTAWA — The annual pace of inflation held steady in December as higher energy prices were offset in part by slower growth in the price of fresh vegetables. Statistics Canada said Wednesday the consumer price index in December was up 2.

BEIRUT — Before picking up cash from a downtown bank in Lebanon's capital, Mey Al Sayegh mentally braces herself for what would have been a routine trip before the country's crippling cash crunch.

SAN FRANCISCO — General Motors' self-driving car company will attempt to deliver on its long-running promise to provide a more environmentally friendly ride-hailing service in an unorthodox vehicle designed to eliminate the need for human operators t

TORONTO — Netflix recruited more Canadian subscribers in the final months of last year as it responded to an onslaught of new competition from Apple TV Plus and Disney Plus with an array of buzzworthy TV series and Oscar-calibre movies.